HONG KONG — Baidu’s online advertising revenue fell 15% to 16.2 billion yuan ($2.26 billion) in the April-June quarter, as subdued demand in China’s ad market and the emergence of new competitors continued to weigh on the Chinese search giant’s most important segment.
Chinese search giant to release new Ernie model ‘as soon as it is ready’
Baidu’s core revenue earner, online ads, took a hit in the most recent quarter. © Reuters
CISSY ZHOU
August 20, 2025 19:35 JST
Updated on August 20, 2025 23:37 JST
